Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales
Posted inArtificial Intelligence Automobiles Company Reports Driverless and Semiautonomous Vehicles Electric and Hybrid Vehicles Factories and Manufacturing General Motors Musk, Elon Taxicabs and Taxicab Drivers Tesla Motors Inc United States

Tesla Q2 Earnings Report Reveals 45% Profit Drop Amid Weak E.V. Sales

The company led by Elon Musk is selling fewer electric cars, and its big bets on driverless taxis and artificial intelligence could take many years to pay off.
China’s Economy Slows as Housing Troubles Squeeze Spending
Posted inBuilding (Construction) China Consumer Behavior Deflation (Economics) Economic Conditions and Trends Factories and Manufacturing Infrastructure (Public Works) International Trade and World Market Politics and Government Real Estate (Commercial) Real Estate and Housing (Residential)

China’s Economy Slows as Housing Troubles Squeeze Spending

After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.